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| Wilson, William W.; Dahl, Bruce L.; Carlson, Donald C.E.. |
| Supply chain management in grain marketing has become very important with the maturity of the industry. This is particularly important in the Canadian grain marketing system which has experienced disruptions for various reasons over many years. These problems have been the topic of numerous industry evaluations, have resulted in a complaint about service obligations and recently have been addressed by the Estey Commission. A detailed model of the supply chain in the Canadian grain logistics system was developed in this paper to evaluate factors that cause disruptions, as well as the effect of several important logistics and marketing strategies on system performance. The results indicated that in a normal year there is sufficient randomness throughout... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Grain Marketing; Transportation; Supply Chain Management; Logistics; Marketing. |
| Ano: 1998 |
URL: http://purl.umn.edu/23159 |
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| McNew, Kevin; Musser, Wesley N.. |
| The current agricultural marketing literature has considerable controversy about the optimal use of hedging for farmers. Much of this literature has very limited data on farmer behavior and an evaluation of the outcome of this behavior. This paper uses data from a hedging game from Maryland marketing clubs for 1994-1998. Hypotheses concerning the consistency of farmer behavior with the research literature on hedging are considered. Results indicate that farmers do not achieve price enhancement from hedging. However, their decisions do not conform to implications of optimal hedging models in a number of dimensions. This analysis provides further information to help bridge the gap between academic research and practical hedging. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Grain Marketing; Hedging; Risk Management; Demand and Price Analysis; Marketing. |
| Ano: 2000 |
URL: http://purl.umn.edu/28568 |
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